The invention relates to a refractory material for a steel tapping hole of a converter and a preparation method for the refractory material. The technical scheme of the invention is as follows: the preparation method comprises the steps of spraying the surface of a magnesia-carbon brick body with a glaze slip coating with the thickness of 1mm to 2mm, carrying out drying, and carrying out heat preservation, thereby preparing the refractory material for the steel tapping hole of the converter. A preparation method for the magnesia-carbon brick body comprises the steps: mulling magnesia fines, flake graphite fines, expandable graphite, aluminum powder and silicon powder in a high-speed mulling machine, so as to prepare mixed fine powder; and then, mulling fused magnesia granules and artificial graphite granules, adding phenol-formaldehyde resin into the mixture, carrying out mulling, then, adding granulated graphite and the mixed fine powder into the mulled mixture, carrying out mulling, carrying out aging, carrying out shaping, and carrying out standing, thereby preparing the magnesia-carbon brick body. A preparation method for glaze slip comprises the steps of adding water into glass powder, spodumene, potassium feldspar, silicon micropowder, potassium carbonate, SiC fines, chrome green and aluminum dihydrogen phosphate, which serve as raw materials of the glaze slip, and carrying out grinding, thereby preparing the glaze slip. The refractory material for the steel tapping hole of the converter, prepared by the preparation method, has the characteristics that the thermal shock stability is good, the integrity is good, the oxidation resistance is good, the erosion resistance is good, and the life is long.